Case-Shiller Tiers: A Mostly Flat December

Case-Shiller Tiers: A Mostly Flat December

Let’s check out the three price tiers for the Seattle area, as measured by Case-Shiller. Remember, Case-Shiller’s “Seattle” data is based on single-family home repeat sales in King, Pierce, and Snohomish counties. Note that the tiers are determined by sale volume. In other words, 1/3 of all sales fall into each tier. For more details […]

Case-Shiller: Seattle Home Prices Flat in December

Case-Shiller: Seattle Home Prices Flat in December

Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to December data, Seattle-area home prices were: Down less than 0.1% November to December Up 6.6% YOY. Down 11.7% from the July 2007 peak Last year at this time prices fell 0.5% month-over-month and year-over-year prices were up 12.4%. Year-over-year […]

Turning Listing Deception Up To Eleven

A sharp-eyed reader sent in the listing at 13909 129th Place NE in Kirkland. Here’s the Google street view: Note the house to the left, and the relatively small front yard. Now take a look at the primary listing photo for this house, being sold by Jon Cacabelos of Real Home Network: What. The. Hell. […]

Cheap South King Sales Edge Up, Seattle Sales Slip

Cheap South King Sales Edge Up, Seattle Sales Slip

It’s time once again to take an updated look at how King County’s sales are shifting between the different regions around the county, since geographic shifts can and do affect the median price. In order to explore this concept, we break King County down into three regions, based on the NWMLS-defined “areas”: low end: South […]

Friday Flashback: “It’s no wonder people are confused.”

Today’s Flashback comes from March 2008: Area’s housing isn’t doom and gloom, experts say

Area real estate professionals and politicians want to clear something up.

Now is a good time to buy and sell real estate in Snohomish County, no matter what people may be hearing about the national market.

The panel of industry experts held a town hall meeting in Lynn­wood on Thursday for that purpose that drew about 200 people.

One in Six Q4 Pending Sales Didn’t Close

One in Six Q4 Pending Sales Didn’t Close

Let’s take a look a the latest data on pending sales volume versus closed sales volume. For this series I roll the pending sales and closed sales data up by quarter, with pending sales offset by one month. In other words, the fourth quarter numbers below represent pending sales from September, October, and November and […]